Daily Archives: March 23, 2016

Bloomberg, Reuters, Business Insider and other media giants repeatedly showed a picture of two injured women, clothes ripped and covered in dust, sat in Brussels’ Zaventem Airport after a suicide bombing took place. An author of the picture is Georgian journalist Ketevan Kardava who told Time magazine she was waiting in the …

Georgia, as a reliable trade and investment partner – has been the main theme of Georgian MP George Kvirikashvili’s speech at Georgian-Belarusian Business Forum, held in Minsk. George Kvirikashvili has provided sufficient information about Georgia to the investors. He mentioned attractive investment environment of the country, FTA and GSP with …

General director of “Georgian Technology Park”, administrator company of Tbilisi Free Zone, does not specifies interested pharmaceutical and companies of light industry, but he has accurate news on the success of negotiations. George Tabidze has declared about the interests of leading companies and stimulations of exports of the produced products …

TBC Bank has been named the Best Bank in Georgia 2016 by Global Finance magazine in the publication’s exclusive survey, the World’s Best Emerging Markets Banks 2016. This is the fifth consecutive and eighth total win for TBC Bank in the Best Bank category. Criteria for selection included growth in assets, profitability, strategic …

From the next week the anti-hail rockets production process will begin in Georgia. Military Scientific Technical Centre ,,Delta” moves on local production. As is was stated at the company till today Georgia was buying anti-hail equipment from Macedonia and Bulgaria. “Import will be replaced, as the company will itself produce the anti-hail …

Austrian AlphaMedic company has reached the final stage of the tender announced by the Partnership Fund for rehabilitating three hospitals in Tbilisi. AlphaMedic Consortium unites such experienced companies as FMK, Keppie, The Health Partnership, and FESP. It should be noted the Authorities plan to carry out the management of the …

LLC Georgian Bouquet plans to start tea processing factory construction. The company had already been transmitted the land from the government at a miserable price 1 GEL. Thus the company is located in the village Dvabzu, Ozurgeti region. Ilia Basilashvili, the founder of the company makes a statement that 1 million GEL will be invested …

Official Tbilisi will written off Millions of GEL for electricity supply of Abkhazia in this year as well. Total debt of 2014-2015 amounts to 56 million. As of the government decree, LLC “EbgurHES”, LLC “VardnilHES Cascade” and “Georgian State Electricity” will written off the debt. Namely, hopeless debt of “EbgurHES” amounts to …

Iranian president Hassan Rouhani is preparing to visit Pakistan in coming days, IRNA reported on March 22. According to the report, the major agenda at Rouhani’s visit to Islamabad is negotiation over Iran-Pakistan gas pipeline as well as boosting power export to this country. Before, Pakistani Express Tribune reported that two …

Russia is considered as the key export market of mineral waters. According to official data, mineral waters of 12,028 million USD were sold at the foreign market through January – February of this year, Decline is 19,5% y-o-y. Mineral waters are ranked as the 6th with 4,3%-share in the total …